FBM KLCI climbs on improved sentiment in global markets

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KUALA LUMPUR: The FBM KLCI prolonged its good points headed into noon as most blue-chips rallied on the again of latest Wall Street good points.

At 12.30pm, the important thing index was up 11.01 factors to 1,523.28, led greater by Axiata and monetary shares.

The broader market was optimistic with 471 gainers in comparison with 252 decliners though market exercise remained subdued as a result of Lunar New Year vacation interval.

Axiata climbed 12 sen to RM3.84 whereas sector peer Digi gained two sen to RM3.82 and Maxis rose 5 sen to RM4.28.

Maybank climbed 5 sen to RM8.32, Public Bank added two sen to RM4.23, CIMB jumped seven sen to RM5.27 and Hong Leong Bank gained 14 sen to RM19.54.

Petronas Chemicals was up six sen to RM8.95 whereas Tenaga Nasional put on six sen to RM9.22.

Meanwhile, on the broader market shares in Bursa jumped 16 sen to RM6.42 following latest earnings outcomes.

Top actives included G3 including one sen to 9 sen, DNeX rising 3.5 sen to 97.5 sen and Coraza placing on 4.5 sen to 94 sen.

Meanwhile, Japanese equities fell as US Nasdaq futures pointed to a weaker efficiency on worries over Sony Group’s gaming enterprise and Panasonic’s revenue slide. The benchmark Nikkei slid 1%.

In South Korea, the Kospi was up 2.4%.

Chinese markets remained closed as a result of Lunar New Year vacation whereas in Australia, the ASX200 was down 0.2%.



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